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Gold bullion at the Bank of England | video

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guardian.co.uk

What does £197 billion ($315 billion) in gold bullion look like? Chemistry Professor Martyn Poliakoff and videojournalist Brady Haran visitied a gold bullion-filled vault at the Bank of England and give us all a look

Videojournalist Brady Haran and chemistry Professor Martyn Poliakoff visit the Bank of England gold bullion vault. Image courtesy of Periodic videos.

Gold is forever. It is beautiful, useful, and never wears out. Small wonder that gold has been prized over all else, in all ages, as a store of value that will survive the travails of life and the ravages of time.

~James Blakely

Gold is one of those elements that I’ve often wondered about. Sure, gold is wonderful because it is pretty and easy to work with, it’s an excellent conductor of heat and electricity and yet, it doesn’t tarnish, rust or corrode. And purified, its colour is distinctive amongst the elements. But none of these properties are unique.

But gold does have one unique property: of all the elements, gold alone causes humans to behave in inexplicably peculiar ways. For example, rich and powerful people want to possess gold, so they exploit poor people to dig it out of the ground for them. These rich and powerful people then sell this element to other rich and powerful people, who then place it back into the ground in bank vaults, where no one can use it, enjoy it or even see it.

Until now. Videojournalist Brady Haran accompanied University of Nottingham chemistry Professor Martyn Poliakoff on a very rare visit to the Bank of England to tour a vault that is filled with gold bullion. They captured their visit on video and are sharing it with you:

[video link]

“The Prof and I had a long-standing bet that about whether we’d ever make a gold video inside a bullion vault”, mentioned Mr Haran. “I just lost the bet!”

Read More: guardian.co.uk

2012-12-14 19:20:14

Source: http://www.oneworldchronicle.com/?p=9049


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